Audit Expert, Model Risk

India
- Audit
- Group Functions

**Job Reference #**
- 320970BR

**City**
- Mumbai, Pune

**Job Type**
- Full Time

**Your role**
- Are you a sharp evaluator of risk? Can you investigate complex situations and propose solutions? Are you familiar with US regulatory expectations around model risk management?

We’re looking for someone like that who can:

- conduct reviews and audits of models in various business areas, provide practical, innovative and value-added solutions to issues identified
- analyze and assess risks and barriers to delivery, assumed by both the business and support functions
- identify and evaluate the effectiveness of controls designed to address those risks
- prepare reports of audit findings for UBS senior management, monitor the results, risk profile and developments across GIA network and provide input for planning sessions

**Your Career Comeback**

**Your team**
- You will be working in the Group Internal Audit team covering model risk. We do this by assessing key processes as well as governance, risk management and the control environment within all business divisions and Corporate Center functions globally. We are independent in our work and report directly to the Chairman of the Board of Directors and the Audit Committee.

We are a talent powerhouse that attracts and develops the best people by driving career growth in and outside the department. Our team is responsible for auditing model risk across the firm.

**Your expertise**
- an advanced degree in a quantitative field (Mathematics, Physics, etc.)
- experience (at least three years) in model development, model validation, and/or model audit
- expertise with different model types, including compliance models is highly preferrable is highly preferrable
- strong analytical skills and willingness to keep up with industry, regulatory developments and learn new concepts and methods
- a detailed understanding of banking operations and regulations as well a quantitative approach to problem solving
- reliable when working independently, with sound judgment for when to escalate issues
- risk focused, and capable of using data analytics to gain insights into transactions, clients, and investment products
- a flexible and committed team player willing to travel to other UBS locations for audit assignments
- curious and willing to discover all aspects of the bank, with the ambition to advance your career in an international environment

**About us**
- UBS is the world’s largest and the only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors.

We have a presence in all major financial centers in more than 50 countries.

**Join us**
- At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We’re dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. We also recognize that great work is never done alone. That’s why collaboration is at the heart of everything we do. Because together, we’re more than ourselves.

We’re committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.

**Disclaimer / Policy statements**
- UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.